ASET DAN LIABILITAS MONETER DALAM MATA UANG ASING

The original financial statements included herein are in the Indonesian language PT MNC LAND Tbk DAN ENTITAS ANAK DH PT GLOBAL LAND DEVELOPMENT TBK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Untuk Tahun Yang Berakhir Pada Tanggal-Tanggal 31 Desember 2012 dan 2011 Dinyatakan dalam Rupiah, kecuali dinyatakan lain PT MNC LAND Tbk AND SUBSIDIARIES FORMERLY PT GLOBAL LAND DEVELOPMENT TBK NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2012 and 2011 Expressed in Rupiah, unless otherwise stated 77 37. MANAJEMEN RISIKO KEUANGAN lanjutan 37. FINANCIAL RISK MANAGEMENT continued d. Manajemen Risiko Modal d. Capital Risk Management Tujuan utama pengelolaan modal Perusahaan adalah untuk memastikan pemeliharaan rasio modal yang sehat untuk mendukung usaha dan memaksimalkan imbalan bagi pemegang saham. The primary objective of the Company and Subsidiaries capital management is to ensure that they maintain healthy capital ratios in order to support its business and maximize shareholder value. Perusahaan dan Entitas Anak mengelola struktur permodalan dan melakukan penyesuaian. berdasarkan perubahan kondisi ekonomi. Untuk memelihara dan menyesuaikan struktur permodalan. Perusahaan dapat menyesuaikan pembayaran dividen kepada pemegan saham. imbal modal kepada pemegang saham atau menerbitkan saham baru. Tidak ada perubahan atas tujuan. kebijakan maupun proses pada periode berakhir pada tanggal-tanggal 31 Desember 2012 dan 2011. The Company and subsidiaries manages its capital structure and makes adjustments to it. In light of changes in economic conditions. To maintain or adjust the capital structure. the Company may adjust the dividend payment to shareholders. Issue new shares or raise debt financing. No changes were made in the objectives. policies or processes for the years ended December 31, 2012 and 2011. 38. NILAI WAJAR ASET DAN LIABILITAS KEUANGAN 38. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES Tabel di bawah ini menyajikan perbandingan atas nilai tercatat dengan nilai wajar dari instrumen keuangan Perusahaan yang tercatat dalam laporan keuangan. The table below is a comparison by class of the carrying amounts and fair value of the Company and Subsidiaries financial instruments that are carried in the consolidated financial statements. 2012 2011 Nilai tercatat Carrying value Nilai wajar Fair value NilaI tercatat Carrying value Nilai wajar Fair value Aset keuangan: Financial assets: Kas dan bank 94.101.193.154 94.101.193.154 12.114.018.843 12.114.018.843 Cash on hand and in banks Piutang usaha 57.751.201.650 57.751.201.650 25.454.660.593 25.454.660.593 Trade receivables Piutang lain-lain 8.478.413.507 8.478.413.507 104.000.085.482 104.000.085.482 Other receivables Jumlah 160.330.808.311 160.330.808.311 141.568.764.918 141.568.764.918 Total Liabilitas keuangan: Financial liabilities: Utang usaha 33.874.970.895 33.874.970.895 5.368.886.022 5.368.886.022 Trade payables Utang lain-lain 15.055.155.051 15.055.155.051 4.284.489.854 4.284.489.854 Other payables Biaya yang masih harus di bayar 27.363.801.474 27.363.801.474 1.776.088.440 1.776.088.440 Accrued expenses Utang jangka panjang jatuh tempo dalam satu tahun Bank 86.440.377.426 86.440.377.426 61.602.663.081 61.602.663.081 Current maturities of long term liabilities Bank loans Utang jangka panjang jatuh tempo dalam satu tahun Bank 210.366.962.543 210.366.962.543 14.702.048.148 14.702.048.148 Long term liabilities- net of current maturities Loans Obligasi konversi 33.845.000.000 33.845.000.000 31.738.000.000 31.738.000.000 Convertible bonds Jumlah 406.946.267.389 406.946.267.389 67.909.656.264 67.909.656.264 Total Berikut metode dan asumsi yang digunakan untuk estimasi nilai wajar: The following methods and assumptions are used to estimate the fair value: Nilai wajar kas dan setara kas. piutang usaha dan uang muka mendekati nilai tercatat karena jangka waktu jatuh tempo yang singkat atas instrumen keuangan tersebut. The fair value of cash and cash equivalents, trade receivables, other receivables. trade payables, and accrued expenses approximate their carrying amounts largely due to short-term maturities of these instruments. Nilai wajar dari utang bank mendekati nilai tercatat karena tingkat suku bunganya dinilai ulang secara berkala. The fair value of bank loans approximate their carrying amounts largely due to their interest rate are frequently reprised. Nilai wajar dari piutang pembiayaan konsumen ditentukan menggunakan diskonto arus kas berdasarkan tingkat suku bunga efektif. The fair value of lease liabilities are determined by discounted cash flow using effective interest rate.